Shares of DocuSign (NASDAQ:DOCU) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved up to $302.65.
The earnings parade continues, with a steady flow of solid corporate results helping Wall Street recover from Monday’s huge plunge. In fact, the major indices are basically back where they were Friday after two crazy days, making it look like Monday and Tuesday never happened.
On CNBC's "Fast Money Halftime Report," Jim Lebenthal said news came out on Thursday evening that China is looking to get certification flights for Boeing Co (NYSE: BA) and its 737 Max.
One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving.
During Q1, DocuSign (NASDAQ:DOCU) brought in sales totaling $469.08 million. However, earnings decreased 56.87%, resulting in a loss of $10.74 million. DocuSign collected $430.90 million in revenue during Q4, but reported earnings showed a $24.90 million loss.